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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Capture your “secret sauce.” Start with a service you know and love.

Startup 111
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” Call out your top competitors, highlighting your sustainable competitive advantage, including patents, trade secrets. Document why your team is the best for this challenge. and trademarks.

Product 169
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7 Success Factors When Your People Are The Solution

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Capture your “secret sauce.” Start with a service you know and love.

Startup 174
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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

Every investor expects to see some business traction, both before and after a funding event. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan.

Funding 112
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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. The details can be added later. Skip the acronyms and jargon.

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Growing A Services Business Requires Selling Yourself

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Capture your “secret sauce.” Start with a service you know and love.

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A Serial Entrepreneur’s Take On Brad Feld & Jason Mendelson’s Venture Deals

InfoChachkie

Brad and Jason have been exposing venture capitalists’ secrets since 2005, when they began writing a blog series on Term Sheets at AskTheVC. Attitude – Brad and Jason clearly exhibit an entrepreneur-centric approach to the venture funding process. Don’t Overemphasize Patents. free weekly Infochachkie articles! What Not To Do.